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A stock is currently trading at 20. Assume that at the end of one month it will either be 23 or 17. The risk??free interest

A stock is currently trading at 20. Assume that at the end of one month it will either be 23 or 17. The riskâ??free interest rate is 5% per annum. The value of an ATM put option with a maturity of 1 m...

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